Fibonacci Retracement with complete explaination.
Nifty close to 50% Retracement level! Are we close to Reversal?! NSE:NIFTY
Analysis of downfall and retracement in Nifty 50
What I see in IOC Would love to share my views with you all : _ I see that the price was getting rejected from the same trendline on weekly basis for quite a while now and recently broken with 4 bullish green candles on W charts _ I see that the zone of 102 to 106 is a strong supply-demand conversion zone, which means it can sometimes work as demand and...
Hello & welcome to this analysis A rank outperformer from its listing back in 1999, stock has a history of doing deeper retracements and then following it with much stronger rallies. Currently in the monthly time frame its forming a cup & handle pattern that suggests accumulation for yet another strong upside. However, in the short term it could see a dip if...
1. Indicators in the Monthly chart. a. Price Action - 3 Bearish candles for Dec, Jan, Feb. (Possible 3 crow) b. MACD - Cross under on the way. (14 points away) 2. Indicators in Weekly Chart a. Price Action - 41729 is now a resistance. b. Stochastic - Cross under near. c. RSI - 48.56 (already low in...
NIFTY 50 EOD ANALYSIS 28-10-21 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 18187.65 H 18190.70 L 17799.45 C 17857.25 EOD - -353.70 points / -1.94% India VIX = 17.91...
There is a divergence between nifty and bank nifty. Similar divergence appeared in nov 2010, at that time nifty retraced back to 38% to 50% zone of it previous trend. Similar behavior is likely is current situation.
Welcome to this analysis Stock had a dream listing and a very strong 2 years bull trend. Post that it saw a sharp retracement. Now, it appears to once again attempting another rally after making a double bottom in the weekly time frame. Range for short term 725-690 for medium term 900-650 Happy Investing
Hii this is trader Kanishk This is BANK NIFTY my views on bank nifty today is to buy it after a small retracement. this is a bear market phase and this is not the recovery may be this is the bullish trap . be careful buy or sell after managing your risk reward. Please watch this video complete and follow all the steps . Please do the multi timeframe analysis...
For all my beginner friends and especially TamilNadu friends i am posting this video on how to draw Trend line, Support Line and Resistance Line and Fibonacci Retracement. Just have a view and ping me for any queries and doubts.
Voltas has been in an uptrend in the higher timeframes , It consolidates for a while and then moves up. The last swing low consolidation was for a very long time around the 900 area which happened to be the 61.8% Fib retracement level and this time around it has again been bouncing off of and consolidating around 1000 area which is again 61.8% retracement from the...
Hello & welcome to this analysis The stock after a strong retracement has gone into a sideways trend mainly due to the sector seeing sharp decline. Currently in a triangle in weekly time frame, a breakout is probable above 515 while further downside should not be ruled out if it breaches 400. Overall fundamentally a strong stock one could keep an eye for...
Hello & welcome to this analysis After a super run in 2023 its now in a retracement with support at 130 and below that at 100. Resistance is at 155 and then 165 - sustaining above these levels it could see a decent upside in the medium to long term Happy Investing
Hello & welcome to this analysis The stock after seeing a 90% retracement from 2017 to 2020 and see a strong rally, recently going past its previous ATH made in 2017. It has resistance around 145 with possibility of strong upside above it and support at 100 and below that near 75. Happy investing
TV18 (1D TF) Swing Trade Analysis given on 7th Jan, 2024 Pattern: ASCENDING TRIANGLE - Volume Spike at Resistance - Done ✓ - Breakout - In Progress - Retracement & Consolidation - In Progress
NH (1D TF) - Swing Trade Analysis given on 7th Jan, 2024 Pattern: FALLING WEDGE BREAKOUT - Triple Bottom - Done ✓ - Volume Spike at Resistance - Done ✓ - Retracement & Consolidation - Done ✓ #stocks #swingtrade #chartanalysis #priceaction #traderyte #narayanahrudayala
Daily Timeframe Stock in an Uptrend. Retracing back to the Daily RBR level of around 29.2. Looks a good opportunity to go long on a retracement to the Demand Zone.